Jake Drappi
RENT CONTROL QUESTION FOR NEW JERSEY
Hello BP,
I am looking at a property in NJ and starting to get a better understanding on how rent control will affect my investment. The town I am looking for has some information posted, which I came across, but can...
Ryan Clark
Softer Consumer Spending?
I was watching television this week and saw a commercial for .9 APR on a vehicle. The next day I saw a Starbucks commercial advertising more credits for reward cards. I don’t watch television much so I don’t know how ...
Ozzy Sirimsi
Semi newbie from Baltimore, MD
Hi guys,I have been a member since last august, but never really fully become a participant. Lately, I start listening the podcasts from the beginning, and the more I listened the more I interested in BP community.Her...
Corey Dutton
Is The Consumer Financial Protection Bureau Out Of Control?
The ugly stepchild of Dodd Frank has no limits, according to a recent article posted by MPA Magazine. A Texas Representative, Jeb Hensarling, had this to say about the lack of accountability of the CFPB, “Arguably ...
Corey Dutton
Hard Money Loans No Longer Available to Consumers
The Dodd-Frank and the Consumer Protection Act have made it virtually impossible for a consumer to obtain a hard money or private money loan anymore. In the wake of the financial crisis, many consumers have had hits t...
William Allen
Market Predictions for 2022
Over here at 7 Figure Flipping, we like to look at the real estate market by looking at the larger economy and what we anticipate to be emerging trends in 2022. Then we look at what skills you might need to cultivate ...
Chris Damon
Reasonable and Customary for title agents to ask
Got an unusual one.....selling a house, from an estate, as court appointed administrator. New Jersey Title agent is asking administrator to provide the consumer credit cards and amounts, of decedent, owed to consumer ...
David Clarke
Has anyone had experience buying vacant property from the city?
Planning to invest in my first property this year.I’ve identified quite a few potential properties. Some of which I’ve discovered are owned by the city of Chicago. I have looked into the process and while it is time c...
Yossi F.
Investment property down payment
All, What is the latest down payment requirement for an residential investment property in the New York area? Specifically a property with two houses on it (i.e. a multi-family property but not a multi-family bu...
Account Closed
Business purpose loan becomes consumer loan
If I lend to a rehabber's LLC for the purpose of a fix and flip, this is truly a business purpose loan, at that point. What if the rehabber after the rehab sells subject-to my existing loan to a owner occupant, do...